Private Money Gold
The information on this page will explain YOUR REWARD for helping put depreciating assets back into productive use.
Please visit other tabs under Private Money Gold for
short term investment numbers
long term investment numbers
joint venture completions and explained
or simply click one of the three above
Please visit other tabs under Private Money Gold for
short term investment numbers
long term investment numbers
joint venture completions and explained
or simply click one of the three above
LEARN EXACTLY HOW YOU CAN EARN 8% TO 12% PASSIVE
INCOME BY SECURELY AND PROFITABLY LENDING YOUR MONEY
WITHOUT HAVING TO OWN OR MANAGE ANYTHING.
Regular people like you and I lend our money to a real estate investor to buy a distressed property at a discount. The funds to close on the purchase and make repairs (your money) are secured by a 1st mortgage or deed of trust (lien) against the house (security).
Overview
What Kind of Interest Do People Earn as Private Lenders?
Well, it depends a little on you, the lender and the real estate investor that you lend your money to. In general Private Lenders are paid anywhere between 8% to 12% interest for the money that they lend, depending on whether you, the lender wants to receive payments monthly, quarterly or upon the sale of a property (deferred).
Why Would Anyone Borrow Money at 8% to 12% Interest When Banks Charge Much Less?
Real estate investors commonly borrow money at 8-12%. Why? Well, because it’s not the cost of the money that is inherently important to successful real estate investors, rather, it is the speed and availability of the funds.
Real estate investors like me buy distressed properties at steep discounts that once improved will re-sell for a profit. The challenge investors face is that most traditional banks take too long time to evaluate a loan package, making it nearly impossible for the investor to purchase the property.Speed is a real estate investor’s best friend.
The best real estate deals are made when the real estate investor can close fast and pay cash.
So, when banks delay and are too slow to fund, real estate investor lose great deals. Because real estate investors buy for profit, paying a higher return on money borrowed is really just akin to giving a little profit away to the private lender that helps get the deal done. It’s a win/win opportunity for both lender and borrower. The lender (you) gets the opportunity to earn high returns secured by great real estate deals and the borrower (the real estate investor) gets to keep their business profitable without the limitations and delays usually imposed by traditional banks.
How Do I Actually Fund the Private Loan –Where Does My Money Go?
Let’s start the answer to this question with a statement: Never give money directly to the real estate investor. It’s just poor business practice. When you are ready to make a private loan, your money will go from your bank account directly to the closing agent (attorney or Title Company) in the form of a cashiers check or a wire. The real estate investor will not touch the money until after all of your funds have been properly secured by the real estate. The closing company will assure that this happens. At closing, the closing company will make sure that the real estate investor signs the Promissory Note, the Deed of Trust and that everything gets properly recorded and documented.
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